VEC Civil Engineering (VEC) was a wholly owned subsidiary of the Downer Group. Downer has recently completed the sale of a portion of the VEC business to Hazell Bros.
Hazell Bros is a Tasmanian business founded in 1944. Hazell Bros remains a family owned and operated business, that will add VECs Precast Manufacturing, Steel Workshop and Bridge Construction offering to its current diverse portfolio which includes Civil Construction, Quarries, Concrete, Construction Material Testing, Plant Hire, Transport, Asset Servicing and Industrial Services.
This sale agreement includes the novation and transfer of the following, from Downer/VEC to Hazell Bros:
It is important to note the ownership of VEC Civil Engineering (as a legal entity with ABN 42 067 541 879) will remain as part of the Downer Group, and the following projects will continue to be delivered by Downer, under the existing VEC contract arrangements and agreements that are currently in place.
We welcome you to visit Hazell Bros.